Why Shares of Gentherm Fell This Week

Why Shares of Gentherm Fell This Week·Motley Fool
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Failing to meet analysts' bottom-line expectations, Gentherm (NASDAQ: THRM) reported fourth-quarter 2022 earnings this week, and the market greeted the results with a chilly reception. The inability to meet analysts' earnings estimate, however, wasn't the only source of investors' dismay for the leader in thermal management. As of 1:30 p.m. EST, shares of Gentherm were trading 12.2% lower from where they were at the end of last Friday's trading session, according to data provided by S&P Global Market Intelligence.

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